As bitcoin is spinning up across the globe, bitcoin holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a sender can remain disguised while forwarding their coins and it turned out that it is untrue. On account of the implementation of government policies, the transactions are traceable which means that a user’s electronic address and even identity can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency scrambler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward way to mix several parts of it with other coins. After all a user gets back an equal quantity of coins, but blended in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces are essential for the state to track back illegal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use accessible bitcoin mixing services and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some web surfers that using a tumbler is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should be careful while choosing a bitcoin tumbler. Which service can be relied on? How can one be certain that a mixer will not take all the sent coins? This article is here to answer these concerns and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the leading existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to mix coins between the currencies which makes transactions far less trackable.
There is one feature that is not displayed in the above table and it is time-delay. This option helps a user and a transaction itself to stay incognito, as there is a gap between the deposited coins and the outgoing transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to review each of them separately.
Blender has a simple interface, it is easy to use and straightforward. Time-delay option can be set up to 24 hours. With regard to the fee, there is an extra fee of 0.0005 % per output address. As one of the few, this mixer provides a user with a special mixing code which guarantees that new crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to make certain that users can get to the mixing service, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This tumbler is notable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC there is no doubt that users can trust this mixing service and their cryprocurrencies will not be stolen. The number of required confirmations depends on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of sending more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this platform, a CryptoMixer code needs to be created. A user should note it, so it is easy to use it next time. After entering a CryptoMixer code, users need to provide the outgoing address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can modify it if necessary. A service fee can be also chosen from the table depending on the sent sum. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the amount of crypto money sent and received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to deposit one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally special crypto tumbler is ChipMixer because it is based on the completely different rule comparing to other tumblers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has a chance to manually cleanse all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
it is noteworthy that random amounts are sent in two and more transactions to make them less identifiable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively standard and similar to the processes on other mixing services. There is a possibility to choose a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to several addresses. Thus, sender’s money are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is on the list because it works fast and it is trusty. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be sent for every extra address. Dividing deposited coins between 5 addresses is also highly helpful for keeping user’s anonymity. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the leading bitcoin tumblers which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it should be noted that the service fee is the smallest possible, it is 0.0% with 0.0002 BTC per extra address. Retention period is 7 days when it is easy for a user to manually remove all the logs which are stored for this period because of any possible transaction-related problems. There is a time-delay feature, however, it is not possible to be controlled by a user but the mixing platform only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) remains a simple and functional crypto coin tumbler. It is possible to have two accounts, with and without registration. The difference is that the one without registration is less controllable by a user.
The mixing itself can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user sends more than 10 BTC in a week, the platform reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should be afraid of security leak as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it challenging to address this coin mixer in case of scams.
And last but not least, there is a crypto coin tumbler with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This mixer offers a very easy-to-use user-interface, as well as the possibility to have control over all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is incredibly helpful. The platform gives the opportunity to use a calculator to understand the amount of funds a user finally gets. The service fee is from 1 % to 5 % with fees for extra addresses (0.00045529 BTC, 0.01072904 LTC, and 0.00273174 BCH). Having funds from various resources helps the mixing platform to maintain user’s identity undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be trusty having all transactions anonymous. It is important to pick a crypto tumbler wisely, as a sender has no chance to turn to any governmental structure in case of scams. Of course, processing your deposits online can be unsafe, however, using coin tumblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.